LS Data Media: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LS Data Media
Largest movements
- Tangible fixed assets +€106,498
up €106,498 (+888%), from €12,000 to €118,498
of which Land and buildings: +€91,607
- Cash -€35,459
down €35,459 (-47.9%), from €74,049 to €38,590
mainly Investment in fixed assets (net) (-€134,187) and Contributions, distributions and other (-€65,000)
- Receivables within one year +€21,777
up €21,777 (+88.2%), from €24,698 to €46,475
of which Trade receivables: +€21,782
- Debts after one year +€92,444
new in 2025: €92,444
- Other debts +€45,613
up €45,613 (+1,551%), from €2,942 to €48,555
- Reserves -€33,402
down €33,402 (-51.3%), from €65,099 to €31,696
- Trade debts -€13,364
down €13,364 (-92.2%), from €14,492 to €1,128
- Current portion of long-term debt +€5,558
new in 2025: €5,558
- Gross operating margin +€35,700
up €35,700 (+97.9%), from €36,465 to €72,164
- Depreciation +€20,270
up €20,270 (+273%), from €7,419 to €27,689
- Taxes +€2,233
up €2,233 (+36.7%), from €6,091 to €8,324
- Financial charges +€2,111
up €2,111 (+98.7%), from €2,140 to €4,252
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,206 | €207,087 | +€94,882 | +84.6% |
| Fixed assets | 21/28 | €12,000 | €118,498 | +€106,498 | +888% |
| Tangible fixed assets | 22/27 | €12,000 | €118,498 | +€106,498 | +888% |
| Land and buildings | 22 | - | €91,607 | +€91,607 | |
| Furniture and vehicles | 24 | €12,000 | €26,891 | +€14,891 | +124% |
| Current assets | 29/58 | €100,206 | €88,589 | -€11,617 | -11.6% |
| Amounts receivable within one year | 40/41 | €24,698 | €46,475 | +€21,777 | +88.2% |
| Trade receivables | 40 | €24,693 | €46,475 | +€21,782 | +88.2% |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Cash at bank and in hand | 54/58 | €74,049 | €38,590 | -€35,459 | -47.9% |
| Deferred charges and accrued income | 490/1 | €1,459 | €3,525 | +€2,065 | +142% |
| Total equity and liabilities | 10/49 | €112,206 | €207,087 | +€94,882 | +84.6% |
| Equity | 10/15 | €70,099 | €36,696 | -€33,402 | -47.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €65,099 | €31,696 | -€33,402 | -51.3% |
| Distributable reserves | 133 | €65,099 | €31,696 | -€33,402 | -51.3% |
| Amounts payable | 17/49 | €42,107 | €170,391 | +€128,284 | +305% |
| Amounts payable after more than one year | 17 | - | €92,444 | +€92,444 | |
| Financial debts | 170/4 | - | €92,444 | +€92,444 | |
| Amounts payable within one year | 42/48 | €41,586 | €76,107 | +€34,520 | +83.0% |
| Current portion of amounts payable after more than one year | 42 | - | €5,558 | +€5,558 | |
| Trade debts | 44 | €14,492 | €1,128 | -€13,364 | -92.2% |
| Suppliers | 440/4 | €14,492 | €1,128 | -€13,364 | -92.2% |
| Taxes, remuneration and social security | 45 | €24,153 | €20,866 | -€3,287 | -13.6% |
| Taxes | 450/3 | €21,812 | €18,525 | -€3,287 | -15.1% |
| Remuneration and social security | 454/9 | €2,341 | €2,341 | = | 0.0% |
| Other amounts payable | 47/48 | €2,942 | €48,555 | +€45,613 | +1,551% |
| Accrued charges and deferred income | 492/3 | €520 | €1,839 | +€1,319 | +253% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,419 | €27,689 | +€20,270 | +273% |
| Other operating charges | 640/8 | €429 | €574 | +€146 | +34.0% |
| Gross operating margin | 9900 | €36,465 | €72,164 | +€35,700 | +97.9% |
| Operating profit (loss) | 9901 | €28,617 | €43,901 | +€15,284 | +53.4% |
| Financial income | 75/76B | €3 | €272 | +€269 | +9,324% |
| Recurring financial income | 75 | €3 | €272 | +€269 | +9,324% |
| Financial charges | 65/66B | €2,140 | €4,252 | +€2,111 | +98.7% |
| Recurring financial charges | 65 | €2,140 | €4,252 | +€2,111 | +98.7% |
| Profit (loss) for the period before taxes | 9903 | €26,480 | €39,922 | +€13,442 | +50.8% |
| Income taxes | 67/77 | €6,091 | €8,324 | +€2,233 | +36.7% |
| Profit (loss) for the period | 9904 | €20,389 | €31,598 | +€11,209 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,389 | €31,598 | +€11,209 | +55.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.